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12 King StreetBiddeford, ME 04005Price: $750,000

  • Price: $750,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $750,000List Price
  • 5Bathrooms
  • 0.09Acreage
  • 4,916Square Feet
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Listed by Realty Sales Inc
''NO FIRE SAFETY VIOLATIONS BUILDING'' JUST COLLECT THE RENT! See attached compliance letter from the City of Biddeford. Very well maintained 5 unit with a maintenance free exterior offering vinyl siding and no lawn to maintain. This urban style location is basically zero exterior maintenance. Non Smoking,No PetsBuilding.Two brand new apartments.One is currently under construction and will be completed soon. The new completed 1st floor 2 bedroom unit could also make a great owner occupied building. Live for free. Let the other 4 tenants pay the expenses.Current three existing rents of $900, $900 & $1,000 are below market rates and should be increased. Current three tenants are all tenants at will. The $1,650 & $1,550 rents are the two vacant units, and the rents are projected, although accurate and possibly still low.The two vacant units are being left vacant purposely to allow a new owner to allocate the rental amounts they demand. This is a very good solid mechanical & turnkey building. Located in the heart of all down town amenities. 10 minute walk to Amtrak. If you want a GOOD BUILDING, this is the building to preview. 24 HOUR NOTICE REQUIRED.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Noyes Real Estate Agency participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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